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Dow Jones Newswires: BOJ policy board member says Japan still needs easy monetary policy

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Bank of Japan policy board member Seiji Adachi said that risks to Japan’s inflation were skewed to the upside but it was still too early to discuss monetary tightening.

“It is appropriate to patiently continue monetary easing at this point,” Adachi said in a speech on Wednesday.

He said Japan has yet to achieve a virtuous cycle of wages and…

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